market

Bank Muscat’s Robust Performance Reflects Resilience Amid Economic Dynamics

Bank Muscat's latest financial disclosure reveals a commendable performance for the fiscal year ending December 31, 2023. The bank reported…

2 years ago

PwC Predicts a Turning Point for the UK

In a nuanced economic landscape, PwC's 2024 forecast offers a beacon of hope for the UK, anticipating an upturn from…

2 years ago

Adani’s market losses top $100 bln as shelved share sale spooks investors

India's Adani group shares sank on Thursday after it abandoned its flagship company's $2.5 billion stock offering, swelling the conglomerate's…

3 years ago

Dollar hits four-week peak on resilient U.S. jobs market

The dollar held near an almost one-month high on Friday, after U.S. economic data highlighted a still-tight labour market that…

3 years ago

Goldman Sachs dealmakers see M&A recovery in second half of 2023

Goldman Sachs Group Inc's top dealmakers are bullish on a recovery in global mergers & acquisitions (M&A) in the second half…

3 years ago

Analysis: The hardest part is yet to come for gas-hoarding Europe

Europe faces a much tougher task to rebuild gas stocks next year compared with this winter, meaning energy bills are…

3 years ago

China shipyards feast on record LNG tanker orders as South Korea builders are full up

China is making fast inroads in the market for newbuild liquefied natural gas (LNG) tankers as local and foreign shipowners…

3 years ago

Improbable bets on break of Hong Kong dollar peg adding up

It's what is known in the markets as a "tail risk": a highly unlikely scenario in which Hong Kong's currency…

3 years ago

Oil rises as Saudi comments outweigh recession concerns

Oil rose on Tuesday after top exporter Saudi Arabia said OPEC+ was sticking with output cuts and could take further…

3 years ago

UAE says OPEC+ output cut was correct decision, no politics behind it

The United Arab Emirates believes that OPEC+ made the correct technical choice when it agreed to cut production and the…

3 years ago